Shanghai Electric Group Co Ltd
SSE:601727
Income Statement
Earnings Waterfall
Shanghai Electric Group Co Ltd
Revenue
|
114.8B
CNY
|
Cost of Revenue
|
-94.8B
CNY
|
Gross Profit
|
20B
CNY
|
Operating Expenses
|
-18.1B
CNY
|
Operating Income
|
2B
CNY
|
Other Expenses
|
-1.7B
CNY
|
Net Income
|
285.2m
CNY
|
Income Statement
Shanghai Electric Group Co Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
79 215
N/A
|
77 960
-2%
|
76 737
-2%
|
77 182
+1%
|
76 785
-1%
|
77 167
+0%
|
77 822
+1%
|
77 483
0%
|
79 461
+3%
|
78 421
-1%
|
83 354
+6%
|
86 171
+3%
|
88 507
+3%
|
88 784
+0%
|
88 713
0%
|
85 242
-4%
|
79 544
-7%
|
82 578
+4%
|
89 553
+8%
|
90 801
+1%
|
101 158
+11%
|
103 251
+2%
|
102 839
0%
|
106 471
+4%
|
127 509
+20%
|
121 700
-5%
|
127 790
+5%
|
134 822
+6%
|
137 285
+2%
|
148 143
+8%
|
146 576
-1%
|
148 282
+1%
|
131 388
-11%
|
130 806
0%
|
119 153
-9%
|
115 917
-3%
|
117 623
+1%
|
113 932
-3%
|
120 408
+6%
|
117 937
-2%
|
114 797
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(64 265)
|
(62 823)
|
(61 683)
|
(62 469)
|
(61 656)
|
(61 832)
|
(62 159)
|
(61 563)
|
(63 802)
|
(61 933)
|
(65 672)
|
(67 514)
|
(70 165)
|
(69 597)
|
(69 448)
|
(66 576)
|
(62 339)
|
(64 707)
|
(71 056)
|
(72 201)
|
(81 436)
|
(82 555)
|
(81 850)
|
(85 639)
|
(104 386)
|
(98 553)
|
(104 152)
|
(110 493)
|
(114 478)
|
(124 360)
|
(123 810)
|
(124 942)
|
(114 737)
|
(112 017)
|
(101 925)
|
(99 160)
|
(99 516)
|
(95 908)
|
(101 032)
|
(98 467)
|
(94 784)
|
|
Gross Profit |
14 949
N/A
|
15 135
+1%
|
15 053
-1%
|
14 714
-2%
|
15 129
+3%
|
15 337
+1%
|
15 664
+2%
|
15 919
+2%
|
15 659
-2%
|
16 488
+5%
|
17 682
+7%
|
18 658
+6%
|
18 342
-2%
|
19 188
+5%
|
19 267
+0%
|
18 667
-3%
|
17 205
-8%
|
17 871
+4%
|
18 496
+3%
|
18 601
+1%
|
19 722
+6%
|
20 698
+5%
|
20 991
+1%
|
20 833
-1%
|
23 123
+11%
|
23 145
+0%
|
23 637
+2%
|
24 329
+3%
|
22 807
-6%
|
23 785
+4%
|
22 767
-4%
|
23 340
+3%
|
16 650
-29%
|
18 790
+13%
|
17 227
-8%
|
16 757
-3%
|
18 107
+8%
|
18 024
0%
|
19 376
+8%
|
19 470
+0%
|
20 013
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11 481)
|
(11 525)
|
(11 531)
|
(11 559)
|
(11 127)
|
(11 377)
|
(11 924)
|
(12 244)
|
(12 441)
|
(13 563)
|
(14 264)
|
(14 438)
|
(13 610)
|
(15 174)
|
(15 314)
|
(15 562)
|
(13 869)
|
(14 820)
|
(14 980)
|
(14 812)
|
(13 793)
|
(14 227)
|
(14 423)
|
(14 699)
|
(17 126)
|
(18 139)
|
(17 952)
|
(18 193)
|
(18 646)
|
(19 810)
|
(28 386)
|
(29 669)
|
(29 226)
|
(32 278)
|
(23 858)
|
(23 249)
|
(18 841)
|
(19 897)
|
(20 866)
|
(20 289)
|
(18 056)
|
|
Selling, General & Administrative |
(10 223)
|
(10 284)
|
(10 254)
|
(10 383)
|
(7 904)
|
(10 555)
|
(10 741)
|
(10 518)
|
(9 489)
|
(10 838)
|
(11 438)
|
(11 960)
|
(10 064)
|
(12 925)
|
(11 627)
|
(10 858)
|
(10 757)
|
(10 733)
|
(11 443)
|
(11 741)
|
(10 231)
|
(10 191)
|
(10 417)
|
(10 720)
|
(12 923)
|
(13 682)
|
(14 040)
|
(13 993)
|
(13 553)
|
(14 683)
|
(20 675)
|
(21 672)
|
(23 728)
|
(23 337)
|
(17 446)
|
(16 903)
|
(13 830)
|
(13 731)
|
(14 055)
|
(13 509)
|
(13 317)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(2 804)
|
0
|
0
|
0
|
(2 515)
|
0
|
0
|
0
|
(2 986)
|
0
|
(1 133)
|
(1 765)
|
(3 004)
|
0
|
(2 093)
|
(2 158)
|
(3 720)
|
(4 285)
|
(3 851)
|
(3 941)
|
(3 910)
|
(4 131)
|
(4 191)
|
(4 521)
|
(4 605)
|
(5 137)
|
(5 305)
|
(5 569)
|
(5 153)
|
(5 372)
|
(5 167)
|
(5 114)
|
(4 809)
|
(5 159)
|
(5 450)
|
(5 369)
|
(5 169)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(370)
|
0
|
0
|
0
|
(397)
|
0
|
0
|
0
|
(517)
|
0
|
0
|
0
|
(586)
|
0
|
0
|
0
|
(654)
|
0
|
0
|
0
|
(1 238)
|
0
|
0
|
0
|
(1 473)
|
0
|
0
|
0
|
(1 324)
|
0
|
0
|
0
|
(1 270)
|
0
|
0
|
0
|
(1 130)
|
|
Other Operating Expenses |
(1 257)
|
(1 240)
|
(1 277)
|
(1 177)
|
(50)
|
(823)
|
(1 184)
|
(1 726)
|
(40)
|
(2 725)
|
(2 825)
|
(2 478)
|
(44)
|
(2 249)
|
(2 554)
|
(2 941)
|
478
|
(4 087)
|
(1 443)
|
(913)
|
812
|
247
|
(155)
|
(40)
|
945
|
(327)
|
278
|
320
|
986
|
10
|
(2 406)
|
(2 427)
|
979
|
(3 569)
|
(1 244)
|
(1 231)
|
1 068
|
(1 007)
|
(1 361)
|
(1 411)
|
1 560
|
|
Operating Income |
3 469
N/A
|
3 612
+4%
|
3 523
-2%
|
3 154
-10%
|
4 001
+27%
|
3 959
-1%
|
3 739
-6%
|
3 675
-2%
|
3 218
-12%
|
2 923
-9%
|
3 417
+17%
|
4 218
+23%
|
4 732
+12%
|
4 011
-15%
|
3 950
-2%
|
3 103
-21%
|
3 336
+8%
|
3 052
-9%
|
3 518
+15%
|
3 790
+8%
|
5 928
+56%
|
6 470
+9%
|
6 566
+1%
|
6 133
-7%
|
5 997
-2%
|
5 006
-17%
|
5 684
+14%
|
6 135
+8%
|
4 161
-32%
|
3 974
-4%
|
(5 619)
N/A
|
(6 329)
-13%
|
(12 576)
-99%
|
(13 488)
-7%
|
(6 630)
+51%
|
(6 492)
+2%
|
(734)
+89%
|
(1 873)
-155%
|
(1 490)
+20%
|
(819)
+45%
|
1 958
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
843
|
890
|
982
|
1 084
|
1 029
|
958
|
1 518
|
2 117
|
1 227
|
2 084
|
1 937
|
1 213
|
998
|
1 169
|
1 005
|
1 314
|
2 431
|
2 407
|
2 149
|
1 951
|
150
|
(253)
|
(637)
|
(785)
|
(906)
|
(1 243)
|
(690)
|
(669)
|
(437)
|
456
|
1 322
|
2 297
|
1 304
|
1 764
|
396
|
(1 209)
|
(815)
|
(166)
|
751
|
954
|
370
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
641
|
0
|
0
|
0
|
(437)
|
5
|
15
|
8
|
(386)
|
134
|
174
|
183
|
(27)
|
35
|
409
|
600
|
1 841
|
1 854
|
1 435
|
1 265
|
2 339
|
2 557
|
2 685
|
2 653
|
433
|
251
|
112
|
137
|
(475)
|
506
|
508
|
813
|
1 027
|
|
Gain/Loss on Disposition of Assets |
(4)
|
0
|
0
|
0
|
176
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1 190
|
1 192
|
1 009
|
1 168
|
453
|
566
|
593
|
311
|
1 107
|
1 102
|
970
|
1 064
|
802
|
829
|
857
|
727
|
148
|
141
|
(6)
|
(3)
|
104
|
67
|
130
|
102
|
160
|
180
|
190
|
191
|
283
|
263
|
346
|
350
|
549
|
533
|
454
|
347
|
49
|
41
|
(18)
|
61
|
(60)
|
|
Pre-Tax Income |
5 497
N/A
|
5 694
+4%
|
5 514
-3%
|
5 406
-2%
|
5 621
+4%
|
5 483
-2%
|
5 850
+7%
|
6 103
+4%
|
6 193
+1%
|
6 109
-1%
|
6 324
+4%
|
6 495
+3%
|
6 095
-6%
|
6 015
-1%
|
5 828
-3%
|
5 153
-12%
|
5 529
+7%
|
5 734
+4%
|
5 835
+2%
|
5 921
+1%
|
6 155
+4%
|
6 319
+3%
|
6 468
+2%
|
6 049
-6%
|
7 092
+17%
|
5 796
-18%
|
6 618
+14%
|
6 922
+5%
|
6 346
-8%
|
7 250
+14%
|
(1 266)
N/A
|
(1 030)
+19%
|
(10 290)
-899%
|
(10 940)
-6%
|
(5 668)
+48%
|
(7 218)
-27%
|
(1 975)
+73%
|
(1 492)
+24%
|
(249)
+83%
|
1 009
N/A
|
3 295
+227%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 073)
|
(1 168)
|
(1 045)
|
(1 088)
|
(895)
|
(734)
|
(855)
|
(872)
|
(1 298)
|
(1 380)
|
(1 383)
|
(1 454)
|
(1 283)
|
(1 189)
|
(1 009)
|
(787)
|
(522)
|
(500)
|
(483)
|
(492)
|
(677)
|
(829)
|
(1 026)
|
(807)
|
(1 279)
|
(981)
|
(1 207)
|
(1 424)
|
(1 080)
|
(1 232)
|
(905)
|
(894)
|
50
|
127
|
249
|
467
|
(338)
|
(444)
|
(460)
|
(626)
|
(1 140)
|
|
Income from Continuing Operations |
4 424
|
4 526
|
4 469
|
4 319
|
4 726
|
4 750
|
4 996
|
5 231
|
4 895
|
4 728
|
4 940
|
5 040
|
4 812
|
4 825
|
4 817
|
4 364
|
5 006
|
5 232
|
5 351
|
5 427
|
5 479
|
5 489
|
5 440
|
5 241
|
5 813
|
4 815
|
5 411
|
5 498
|
5 266
|
6 017
|
(2 171)
|
(1 923)
|
(10 240)
|
(10 812)
|
(5 420)
|
(6 750)
|
(2 313)
|
(1 936)
|
(709)
|
383
|
2 155
|
|
Income to Minority Interest |
(1 962)
|
(2 058)
|
(2 170)
|
(2 157)
|
(2 171)
|
(2 215)
|
(2 319)
|
(2 568)
|
(2 752)
|
(2 768)
|
(2 890)
|
(2 753)
|
(2 415)
|
(2 362)
|
(2 186)
|
(2 134)
|
(2 347)
|
(2 452)
|
(2 489)
|
(2 477)
|
(2 462)
|
(2 368)
|
(2 343)
|
(2 182)
|
(2 312)
|
(1 962)
|
(2 234)
|
(1 863)
|
(1 508)
|
(1 711)
|
(563)
|
(1 085)
|
252
|
176
|
(589)
|
(232)
|
(1 253)
|
(1 276)
|
(1 276)
|
(1 712)
|
(1 870)
|
|
Net Income (Common) |
2 463
N/A
|
2 468
+0%
|
2 299
-7%
|
2 162
-6%
|
2 554
+18%
|
2 536
-1%
|
2 678
+6%
|
2 664
-1%
|
2 143
-20%
|
1 960
-9%
|
2 050
+5%
|
2 287
+12%
|
2 397
+5%
|
2 463
+3%
|
2 631
+7%
|
2 230
-15%
|
2 660
+19%
|
2 780
+5%
|
2 863
+3%
|
2 951
+3%
|
3 017
+2%
|
3 121
+3%
|
3 096
-1%
|
3 058
-1%
|
3 501
+14%
|
2 852
-19%
|
3 177
+11%
|
3 635
+14%
|
3 758
+3%
|
4 306
+15%
|
(2 735)
N/A
|
(3 010)
-10%
|
(9 988)
-232%
|
(10 637)
-6%
|
(6 008)
+44%
|
(6 982)
-16%
|
(3 566)
+49%
|
(3 212)
+10%
|
(1 985)
+38%
|
(1 329)
+33%
|
285
N/A
|
|
EPS (Diluted) |
0.19
N/A
|
0.19
N/A
|
0.18
-5%
|
0.17
-6%
|
0.2
+18%
|
0.2
N/A
|
0.21
+5%
|
0.21
N/A
|
0.16
-24%
|
0.16
N/A
|
0.16
N/A
|
0.17
+6%
|
0.17
N/A
|
0.17
N/A
|
0.18
+6%
|
0.15
-17%
|
0.19
+27%
|
0.2
+5%
|
0.21
+5%
|
0.22
+5%
|
0.2
-9%
|
0.22
+10%
|
0.21
-5%
|
0.2
-5%
|
0.23
+15%
|
0.18
-22%
|
0.2
+11%
|
0.23
+15%
|
0.24
+4%
|
0.26
+8%
|
-0.19
N/A
|
-0.21
-11%
|
-0.64
-205%
|
-0.66
-3%
|
-0.35
+47%
|
-0.5
-43%
|
-0.23
+54%
|
-0.21
+9%
|
-0.13
+38%
|
-0.09
+31%
|
0.02
N/A
|